Price Trend For Hoodi
Location Sales Trend: Hoodi Price and Sales Trend Overview
Hoodi is a rapidly developing locality in Bangalore, known for its well-planned infrastructure and excellent connectivity. If you are planning to invest in real estate in Hoodi, it is important to understand the price and sales trend to make informed decisions.
According to the data provided, the average rate per square foot in Hoodi was 6451 in Q1'22, which increased to 6702 in Q2'22. However, in Q3'22, the price trend saw a slight decline with an average rate of 5619. The trend continued to fall in Q4'22 with a rate of 5274. However, in Q1'23, the trend again saw an increase with an average rate of 5813. Overall, the price trend in Hoodi has been stable with moderate fluctuations.
When it comes to the number of transactions in Hoodi, it is evident that Q1'22 saw the highest number with 127 transactions. However, the sales trend saw a decline in the following quarters with Q2'22 recording 118 transactions and Q3'22 recording 111 transactions. Q4'22 saw the lowest number of transactions with just 97, but the sales trend saw a significant increase in Q1'23 with 136 transactions.
In conclusion, the price and sales trend in Hoodi are moderately fluctuating, and it is essential to keep an eye on the trend before making any investments. However, the locality's infrastructure and connectivity make it an ideal location for real estate investment.
Summary For Hoodi
Location Summary: Hoodi
Hoodi is a rapidly growing locality situated in the eastern part of Bangalore, Karnataka. The area is in close proximity to the IT hub of Whitefield, making it a popular residential choice for IT professionals working in the area. The locality is well connected to the rest of the city via the Outer Ring Road and the Whitefield Main Road.
Rental Rate: The average rental rate in Hoodi is ₹30 per square foot. This is considered to be reasonable in comparison to other popular residential areas in Bangalore.
Sales Transactions: The number of sales transactions in Hoodi is 625, indicating a high demand for real estate in the area. This is likely due to the area's close proximity to the IT hub of Whitefield and its good connectivity to other parts of Bangalore.
Gross Sales Value: The gross sales value of real estate transactions in Hoodi is ₹314 Crores. This indicates that the area has a high potential for real estate investment and growth.
Current Rate/Sq.ft: The current rate per square foot in Hoodi is ₹6,038, which is higher than the average rate in Bangalore. This is likely due to the area's growing popularity and high demand for real estate.
Overall, Hoodi is a promising location for real estate investment, with its strategic location, good connectivity, and high demand for properties.
Top Selling Projects for Hoodi
If you're looking to invest in real estate in Bangalore, then the Top Selling Projects by Value in Hoodi should be on your radar. These projects are some of the most popular and sought-after properties in the area, with a variety of options to suit different budgets and preferences.
At the top of the list is Raja Ritz Avenue, with a sale/rent value of ₹75 Cr. This luxurious residential complex is located in the heart of Hoodi and offers spacious apartments with state-of-the-art amenities and facilities.
Next up is Habitat Eden Heights, with a current rate of ₹6,170 and a sale/rent value of ₹57 Cr. This project offers premium apartments with stunning views and top-notch amenities, making it a popular choice among buyers.
Sumadhura Nandanam is another popular project in Hoodi, with a current rate of ₹7,148 and a sale/rent value of ₹29 Cr. This project offers a mix of 2, 3, and 4 BHK apartments with world-class amenities and a prime location.
Other notable projects on the list include Godrej United, Brigade Lakefront, and Gopalan Grandeur, among others. With their prime location and top-notch amenities, these projects offer a great investment opportunity for those looking to buy property in Bangalore.
In conclusion, the Top Selling Projects by Value in Hoodi are some of the best real estate options in Bangalore. Whether you're looking for a luxurious apartment or a more affordable option, these projects offer something for everyone. So, if you're looking to invest in real estate in Bangalore, be sure to check out these top projects.
